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Allstate ALL All other — Deferred policy acquisition costs

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Other financials

Income statement

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Revenue$16.9B+3.0%
Net income$2.5B+313%
EPS (diluted)$9.25+338%

Balance sheet

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Cash & equivalents$697.0M-17.0%
Total debt$7.5B-7.4%
Total equity$31.6B+43.3%
Total assets$123.97B+7.7%

Cash flow

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Operating cash flow$3.6B+81.4%
CapEx$40.0M-56.5%
Free cash flow$3.5B+88.1%

Valuation

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Market cap$59.62B+15.3%
Enterprise value$66.41B+12.6%
P/E4.9×-8.0×
P/S0.9×+0.1×

Profitability

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Net margin17.8%+11.6pp
FCF margin16.9%+3.2pp

Returns & leverage

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Return on equity45.2%+25.4pp
Debt / equity0.2×-0.1×

Where this comes from

Reported directly by Allstate in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostsAndValueOfBusinessAcquired.

The official record: Allstate’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Allstate's all other — deferred policy acquisition costs?
Allstate (ALL) reported all other — deferred policy acquisition costs of $86M in Q4 2025.
What does all other — deferred policy acquisition costs mean?
This metric represents the unamortized portion of costs directly associated with the acquisition of new or renewed insurance policies within the 'All Other' business segment. These costs typically include commissions, underwriting expenses, and other policy issuance costs that are capitalized and amortized over the life of the related insurance contracts. It serves as a measure of the investment made to secure future premium revenue within non-core or miscellaneous business lines.